Meta Settles Cambridge Analytica-Related Claims for $190 Million November 26, 2025 By Jef Feeley Mark Zuckerberg and other Meta Platforms Inc. directors agreed to a $190 million settlement of claims they failed to rectify...
Starbucks Must Face Shareholder Lawsuit Over Surprise Sales Decline November 20, 2025 Starbucks must face a lawsuit claiming it defrauded shareholders by concealing declining sales in the United States and China, its...
Peloton Must Face Shareholder Lawsuit Over Post-Pandemic Outlook August 28, 2025 By Jonathan Stempel Peloton Interactive must face a lawsuit claiming it defrauded shareholders by masking excess inventory of its home exercise equipment as...
Intel Beats Shareholder Lawsuit Over $32 Billion Stock Plunge July 25, 2025 By Jonathan Stempel A federal judge dismissed a lawsuit accusing Intel of defrauding shareholders by concealing problems in a business where it manufactured...
Google to Spend $500M Revamping Compliance in Shareholder Settlement June 2, 2025 By Jonathan Stempel Google agreed to spend $500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the...
UnitedHealth Sued by Shareholders Over Reaction to Backlash From Executive’s Killing May 8, 2025 By Jonathan Stempel UnitedHealth Group was sued on Wednesday for allegedly concealing how backlash from the killing of a top executive was damaging...
Meta Platforms Defeats Shareholder Lawsuit Over Child Safety Claims October 23, 2024 By Jonathan Stempel Meta Platforms and Chief Executive Mark Zuckerberg won the dismissal of a lawsuit claiming they misled shareholders in Meta’s proxy...
Zuckerberg, Meta Are Sued for Failing to Address Sex Trafficking, Child Exploitation March 22, 2023 By Jonathan Stempel A new lawsuit accuses Mark Zuckerberg and other Meta Platforms Inc. executives and directors of failing to do enough to...
Musk Holds Out As Other Tesla Directors Settle Investors’ SolarCity Claims for $60M January 30, 2020 By Jef Feeley and Dana Hull All Tesla Inc. directors except Chief Executive Officer Elon Musk agreed to a $60 million settlement to resolve shareholder lawsuits...
CBS Settles $1.25M Investor Lawsuit over ‘Improper’ Redstone Compensation March 18, 2019 By Jef Feeley and Lucas Shaw CBS Corp. directors agreed to settle for $1.25 million investors’ claims that network owner Sumner Redstone received millions of dollars...